The European Parliament has passed a draft law known as the A.I. Act, which aims to regulate artificial intelligence (AI) and its riskiest uses.The draft law would impose new restrictions on facial recognition software and require AI system developers to disclose more about the data used in their programs. The European Union has been debating … Read more
A Berlin-based bank has been fined 300,000 euros by the Berlin data protection commissioner. The fine was imposed due to the bank’s lack of transparency regarding the automated rejection of a credit card application.The bank’s algorithm rejected the customer’s application without providing specific justification. The bank only provided general information about the scoring procedure but … Read more
Microsoft is testing a private alternative to its language model ChatGPT, which is designed to alleviate concerns about data privacy. The private version, called “Microsoft Private AI,” would be limited to a specific organization and its data would not leave the organization’s network. This move comes as companies are increasingly concerned about the security and … Read more
GPT-4 is considered to be ten times more intelligent than GPT-3. GPT-4 was able to pass the most rigorous U.S. high school and law exams within the top 90th percentile. The Center for Artificial Intelligence and Digital Policy (CAIDP) has filed a complaint with the United States Federal Trade Commission (FTC) on 30 March in … Read more